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You are here: Home / Wisconsin Home Loan Programs for Veterans

Wisconsin Home Loan Programs for Veterans

Wisconsin Veteran Friendly Home Loan ProgramsThe Wisconsin Housing and Economic Development Authority (WHEDA) began in 1972. Started by the Wisconsin Legislature, WHEDA has over $2 billion in assets and is dedicated to (among other projects) expanding affordable housing for citizens of the state of Wisconsin. Since the agency began, more than $10 billion in bonds have been issued as an investment in affordable housing in the state.

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WHEDA Veterans Affordable Loan Opportunity Rate (VALOR) Program

A comparatively new program for the agency, WHEDA began offering home loans to veterans through the VALOR program starting in 2015. This program was not open-ended–it had a budget allocated to it of roughly $10 million. The program was offered on a first-come, first-served basis. The WHEDA official site has a section describing current home loan programs, and unfortunately VALOR is not listed among them at press time.

The following information is included as a reference, and in case the State of Wisconsin provides additional funding to the program. Who qualifies for VALOR when it is operational?

  • Veterans with an honorable discharge; AND
  • Buyer agrees to occupy the home for the life of the loan; AND
  • First-time home buyer status is not required

Purchase price limits, income limits and other restrictions apply when the program is operational.


About The AuthorJoe Wallace is a 13-year veteran of the United States Air Force and a former reporter for Air Force Television News


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